Air France-KLM (OTCMKTS:AFLYY) Stock Rating Lowered by Citigroup

Air France-KLM (OTCMKTS:AFLYY) was downgraded by investment analysts at Citigroup from a “strong-buy” rating to a “hold” rating in a report released on Wednesday,Zacks.com reports.

Other equities research analysts have also issued reports about the stock. BNP Paribas raised shares of Air France-KLM from an “underperform” rating to a “neutral” rating in a report on Thursday, September 19th. Morgan Stanley cut shares of Air France-KLM from an “equal weight” rating to an “underweight” rating in a research note on Tuesday, November 5th. Finally, Barclays upgraded shares of Air France-KLM to a “hold” rating in a research note on Monday, October 7th. One research analyst has rated the stock with a sell rating and five have issued a hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold”.

Air France-KLM Price Performance

Shares of OTCMKTS:AFLYY opened at $0.74 on Wednesday. The business has a fifty day moving average price of $0.83 and a 200-day moving average price of $0.87. The company has a market capitalization of $1.94 billion, a PE ratio of 1.89 and a beta of 1.62. Air France-KLM has a 1-year low of $0.73 and a 1-year high of $1.45.

Air France-KLM Company Profile

Air France-KLM SA, together with its subsidiaries, provides passenger and cargo transportation services and aeronautical maintenance in Metropolitan France, Benelux, rest of Europe, and internationally. The company operates through three segments: Airframe maintenance, Engine Maintenance, and Component Support.